Category Archives: Real Estate News

Miami Beach officials will review four significant development projects, including a condo tower and three hotels. All four items will be heard by the city’s Historic Preservation Board on March 8. CCCC Miami Beach, an affiliate of China City Construction Co., has proposed an 18-story condo at 6747 to 6757 Collins Ave. It acquired the…

Renderings of the Strata at Plantation townhome project Strata at Plantation, an upcoming townhome project from Invesca Development Group, was just awarded unanimous approval from the city council. The development group will now finish signing all documentation with the city, with plans to launch sales at the end of March. Strata is slated to bring…

Pompano Beach officials are set to consider three major development proposals, an extended stay hotel near the beach, a mid-rise apartment building and live-work lofts designed for artists. All three items will go before the city’s Development Review Committee on March 2. In the largest proposal, Pure Residences would have 187 “apartment-style” hotel suites at…

The $3.1 billion Brightline intercity passenger train is planned to have just four stations between South Florida and Orlando when it launches full service by 2018 — but an effort is underway to bring on one more in the future. The Space Coast Transportation Planning Organization (TPO) in Melbourne will meet on March 10 to…

The Wynwood assemblage made up of two parcels The owners of a Wynwood property assemblage have dropped the price of their properties by $5.5 million and switched brokerages from Marcus & Millichap to Metro 1. Now asking $22.5 million, the assemblage includes two side-by-side parcels at 201 Northwest 21st Street and 210 Northwest 22nd Street.…

The nearly half a block in the red hot Wynwood neighborhood of Miami has been put on the market for $22.5 million. Land prices in Wynwood have skyrocketed in recent years as it’s been transformed from a warehouse area into an arts, retail and restaurant district. A recent rezoning allows for buildings of up to…

Lee & Associates doesn’t just look to hire commercial real estate brokers, it asks them to take a piece of the action. The firm, which has more than 55 offices and over 850 brokers nationwide, is targeting Miami for its next office. Lee & Associates office managers are also investors. As brokers advance, they can…

Konover South plans to building a retail center with a Wawa in Sunrise after purchasing a 9.8-acre site. Capital Bank seized the property on the southwest corner of Commercial Boulevard and 94th Avenue in 2013 after foreclosing on an $8.8 million mortgage. The bank recently sold the property to Deerfield Beach-based Konover South for $4.4…

Miami Worldcenter, one of the largest projects in South Florida, has selected CoastalTishman as the general contractor for its condominium and retail components. CoastalTishman is a join venture between Miami-based Coastal Construction and New York-based Tishman Construction, a subsidiary of AECOM. They will handle much of the work on the 27-acre project on the north…